1. Bugatti Veyron: 267 mph, 0-60 in 2.5 secs. Aluminum, Narrow Angle 8 Liter W16 Engine with 1200 hp, base price is $1,700,000. The Super Sport version is $2,400,000. The speed was tested again on July 10, 2010 with the new 2010 Super Sport Version: the Bugatti Veyron once again claims the title of the fastest car in the world at 267 mph.

2. Koenigsegg Agera R: 260 mph, 0-60 in 2.8 secs. 5.0-liter V8 Engine with twin turbo’s, housing 1099 hp. Base price is $1,600,000. If you're into snow sports, the Agera R can be fitted with a Ski Box as well as winter tires, not that I would take one on a ski trip or anything like that. While the Agera R has a massive theoretical top speed, the current tested top speed is 260 mph. Expect this snow car to be the Bugatti's arch enemy for the next 5 years.

3. SSC Ultimate Aero: 257 mph, 0-60 in 2.7 secs. Twin-Turbo V8 Engine with 1183 hp, base price is $654,400. Tested in March 2007 by Guinness World Records, The SSC Ultimate Aero was the fastest car in the world from March 2007 to July 2010. On March 2011, the Koenigsegg Agera R also surpassed it, forcing this American made car to the #3 spot. Fastest Cars In The World: Top 10 List 2011-2012

4. Saleen S7 Twin-Turbo: 248 mph, 0-60 in 3.2 secs. Twin Turbo All Aluminum V8 Engine with 750 hp, base price is $555,000. Smooth and bad-ass. It will make you want to show it off non-stop.

5. Koenigsegg CCX: 245 mph, 0-60 in 3.2 secs. 90 Degree V8 Engine 806 hp, base price is $545,568. Made in Sweden, it is the older brother of the Agera R, only losing to 4 other supercars in the world.

6. McLaren F1: 240 mph, 0-60 in 3.2 secs. BMW S70/2 60 Degree V12 Engine with 627 hp, base price is $970,000. The fastest car in the 20th century with doors that looks like bat wings. Maybe Batman needs to order one and paint it black Fastest Cars In The World: Top 10 List 2011-2012

7. Gumpert Apollo: 224 mph, 0-60 in 3.0 secs, 4.2 liter V8 Engine that houses 650 hp. Base price: $450,000. Gumpert claims that the Apollo was designed such that it could drive upside-down in a tunnel with speeds at 190 mph or above. Of course, no one has tested this yet.

8. Noble M600: 223 mph, 0-60 in 3.7 secs. Twin-turbocharged 4.4-liter V8 Engine with 650 hp. Base price is $330,000. The Noble M600 also happens to be a very cool car. Its inconspicuous design sports a slender and contoured body which does not scream out for attention at every second of the day. Fastest Cars In The World: Top 10 List 2011-2012